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Even though tax rules are fixed, there is some flexibility when it comes to certain important tax elections. In some situations, you’ll have a choice as to whether or not you do certain things on your return, such as taking elections. Below is a summary of tax elections that you might want to try taking

2019 tax due dates for expatriates (US Person, Citizen or Permanent Resident) living outside the US and are filing 2018 tax returns. US tax is based on residency (substantial presence test), permanent residency, and citizenship. You may think of not owing any tax to the United States, but the truth is that if you are

Unlike the US whose taxation is based either on residency (Substantial Presence Test), green card holder and citizenship. Canada’s tax laws are based solely on residency. Like the US, however, taxes are imposed on worldwide earnings. This means as a US expat, deeming your residency status in Canada is one of the first important steps.

With rising numbers of home-based businesses in the US, the Small Business Administration (SBA) claims that over 50% of all businesses are based in American homes!. While this would mean that these businesses can claim a Home Office Deduction, most employers still see claiming these deductions as an auditing hassle. All it takes is a